Inclusive Wealth Management: Best Practices
52mGeneral2024-07-30
Authors
Madecraft
Full-Service Learning Content Company
Allie Beckmann
Course details
Navigate inclusive financial planning with Allie Beckmann, RFA, who blends social justice insight with financial expertise. Discover how to build a financial services practice that emphasizes inclusivity and equity. Learn how to navigate financial equity and understanding diverse client needs. By the end of this course, you'll be able to provide actionable insights for offering financial solutions that respect and meet the unique needs of all clients.
Learning objectives
Identify the value of financial equity in financial services.
Assess financial needs of diverse demographics.
Integrate inclusive strategies into a financial planning practice.
Practice cultural awareness with clients.
Use communication to build trust and loyalty.
Tailor financial plans to individual needs.
Employ behavioral finance strategies to enhance client experience and implementation.
Learning objectives
Identify the value of financial equity in financial services.
Assess financial needs of diverse demographics.
Integrate inclusive strategies into a financial planning practice.
Practice cultural awareness with clients.
Use communication to build trust and loyalty.
Tailor financial plans to individual needs.
Employ behavioral finance strategies to enhance client experience and implementation.
Skills covered
Workplace EquityInclusive LeadershipDiversity, Equity, and Inclusion (DEI)Limited SeriesLeadership and Management
Concepts
0. Introduction
- 01 - Inclusivity in financial services
- 02 - Course disclaimer
1. Foundations of Financial Equity
- 03 - Understanding your own perspective
- 04 - Ethics in financial advisory
- 05 - Stay updated on evolving regulations
2. Understanding Client Diversity
- 06 - Assess financial needs across clients
- 07 - Decision-making with behavioral finance
3. Integrating Inclusivity Into Your Financial Practice
- 08 - Inclusivity during the hiring process
- 09 - Inclusive sales and marketing tactics
- 10 - Choose appropriate fee models
4. Building Inclusive Client Relationships
- 11 - Trust through effective communication
- 12 - Personalize the client experience
5. Inclusive Financial Planning Strategies
- 13 - Customize financial plans
- 14 - Individualize implementation strategies
6. Investment Strategies for Diverse Portfolios
- 15 - Evaluate your client's risk tolerance
- 16 - Socially responsible investment options
7. Advanced Financial Planning
- 17 - Create customized insurance plans
- 18 - Develop estate plans for diverse needs
- 19 - Support clients with charitable giving
Conclusion
- 20 - Integrating inclusive wealth management